MariMed started out as advisors on the design, development, operations and financing of new cannabis cultivation centers and stores nationwide in the cannabis industry in 2012. The company then evolved into a seed-to-consumer, vertically integrated MSO which is focused on limited license states, with MSA’s in Delaware, Maryland and Nevada.
FACILITIES:
Illinois: 1 craft grow & processing facility, 5 stores.
Massachusetts: 1 cultivation & processing facility, 3 stores, delivery.
Maryland: 1 cultivation & processing facility.
Delaware: 1 cultivation & processing facility, 2 stores, delivery.
Ohio: 1 store.
Missouri: 1 processing facility.
NEWS & PARTNERSHIPS:
2017
The company entered into an exclusive licensing agreement with Alternative Medicine Association for the production and distribution of MariMed’s branded cannabis products in Nevada.
The company acquired the remaining 49% stake of MariMed Advisors.
The company entered into an exclusive licensing agreement with Alternative Medicine Association which will produce and distribute MariMed’s branded cannabis products in Nevada.
The company bought a 17-acre lot with a 137,500 sq ft industrial buildingin New Bedford, Massachusetts. The company will develop around 70,000 sq ft into a full service state of the art medical cannabis cultivation and production facility that has been leased to ARL Healthcare.
The company acquired Betty’s Eddies and the rights to its IP, formulations, recipes, proprietary equipment and know-how from Icky Enterprises in exchange for cash, royalties and MariMed stock.
2018
The company announced an agreement with Ilo Vapor where MariMed will be the exclusive distributor of the DabTab’s into the states of Rhode Island, Massachusetts and Delaware after already being available in Maryland.
MariMed finished its strategic investment in CRM and marketing software company Sprout.
The company has a deal with exclusive global licensing rights with Vitiprints for the worldwide production and distribution for all existing and future legal cannabis markets to use Vitiprint’s proprietary technology, including liquid ingredient formulation, printing process, and the resulting array of dissolvable products.
The company acquired iRollie, including its brand, IP, smoking accessories and e-commerce marketplace. The company also expanded into ancillary cannabis service offerings thanks to its acquired packaging development services and solutions.
The company made a strategic investment in GenCanna and entered into a partnership including a long-term supply agreement and MariMed announced its intention to create a product and branding business unit with a focus on development and distribution of Hemp CBD-derived products.
The company acquired BSC Group.
The company acquired Sprout, a CRM and marketing software company for stores and brands.
2019
MariMed signed a licensing deal for the manufacture and distribution of Tropizen’s unique tropical products, pique hot sauce and real fruit gummies in the six states that MariMed serves in the US. Also has a licensing agreement with Tropizen for Betty’s Eddie and Kalm Fusion in Puerto Rico.
The company signed an exclusive agreement with with one of the largest beverage distributors located in the Northeast US serving over 8,500 on and off-premise locations for the marketing of MariMed’s brands in Rhode Island and Connecticut.
MariMed Hemp signed an exclusive deal with one of the largest beverage distributors in the Northeast US to market its CBD brand in Rhode Island and Connecticut. This will be done through the HempEngine platform which will be placed in locations such as retailers, liquor stores and supermarkets. These locations will receive the HempEngine turnkey CBD marketing platform, a complete “store-within-a-store” package, pre-stocked by the location owner’s criteria based on statistics gathered from the system. In addition to curated brands, HempEngine includes the re-marketing platform, Sprout. Under the terms of the agreement, the HempEngine turnkey CBD marketing platform will be placed in locations in Rhode Island and Connecticut, including retailers, liquor stores and supermarkets. The HempEngine is a “store-within-a-store” package, pre-stocked with a range of CBD products focused on a location owner’s particular criteria and enables the re-marketing platform, Sprout.
The company signed a licensing agreement with Binske involving the manufacture and distribution of Binske’s products in Illinois, Ohio, Massachusetts, Rhode Island, Maryland, Delaware and Maine.
The company launched MariMed Hemp, focused on the distribution of hemp-derived CBD products nationally, reaching out to medical offices, wellness centers, and other distribution points nationwide including national convenience and drug store chains, as well as creating a direct-response portal for sales to consumers.
The company announced an agreement with Ilo Vapor, being its exclusive distributor of its DabTab dablets in Rhode Island, Massachusetts and Delaware.
Betty’s Eddies was named the national category leader in a national survey for sublingual and edible products by LeafLink with Betty’s Eddies being the most widely distributed product in Maryland and reached 70 stores in less than 10 months. Betty’s Eddies occupied the best selling slot in LeafLink List.
2020
The company introduced Tikun Olam’s genetics to Massachusetts for sale at its Panacea Wellness Dispensary and to other select Massachusetts stores through its exclusive rights to grow, process and market Tikun-branded products in Massachusetts.
2021
The company presented the world with the world’s largest cannabis-infused brownie for the celebration of the launch of its Bubby’s Baked brand measuring 3 ft wide, 3 feet long with 15 inches to the top, weighing 850 pounds and containing 20,000 mg of THC.
The company won 4 awards on LeafLinks list of the following categories: fastest-selling concentrates, best medical products, fastest growing store and top store in Illinois.
The company received a Best of the Best MetroSouth Competition for its Panacea Wellness store in Massachusetts.
The company announced a joint collaboration with Emack & Bolio’s for the creation of an ice cream brand with cannabis-infused vegan and dairy ice cream in outrageous flavors.
2022
Betty’s Eddies started a licensing agreement covering the production and distribution of full-spectrum fruit chews and other successful SKUs in the line-up such as Bedtime Betty’s with East Coast Cannabis Company for the Maine market.
The company has a joint collaboration with Emack & Bolio’s creating outrageous flavors that are either vegan or dairy ice cream containing MariMed’s full spectrum of natural cannabinoids and terpenes, available in Massachusetts.
The company acquired Green Growth Group, enabling vertical operations in Illinois, with a facility of 14,000 sq ft of canopy with an extraction lab to produce concentrates and a production kitchen for the manufacture of edibles and other derivative products.
The company acquired Kind Therapeutics USA, a vertical operator in Maryland with a 180,000 sq ft cannabis cultivation and production facility and a 6,000 sq ft store in development.
The company announced its market entry into Missouri through a management contract with the development and coming management of a state-of-the-art production kitchen where it will produce and distribute its brands.
The company received a Gold Stevie Award in the Communications Campaign of the Year category for its PR campaign by The American Business Awards for the world’s largest brownie from generating over 5 billion consumer impressions.
2023
Mary’s Medicinals entered into a licensing agreement with BellRock Brands for the Arkansas market.
Betty’s Eddies celebrated its 10-year anniversary with a limited launch of fast-acting, full-spectrum sparkling champagne chews made with organic fruits and vegetables in Massachusetts, Maryland and Delaware. The fruit chews also contain THCV.
The company acquired the operating assets of Ermont, expanding into vertical integration in the Massachusetts market.
The company’s Vibations cannabis and electrolyte drink mix won the Edibles: Beverages category of the High Times Cannabis Cup in Massachusetts.
2024
The company acquired its 5th store in Illinois with the acquisition of Allgreens Dispensary which was previously operated by the company through a managed services agreement.
The company acquired its 2nd store in Maryland by acquisiton of Our Community Wellness & Compassionate Care Center.
Betty’s Eddies was named the Favorite Edible at the Maryland Cannabis Awards.
The company acquired Allgreens Dispensary, giving the company another store in Illinois.
The company entered into marketing partnerships in Boston with MGM Music Hall Fenway and Citizens House of Blues Boston.
The company launched manufacturing operations in Missouri under a MSA, until regulatory approval for a license transfer is granted. The company is also investing in a 14,000 sq ft cultivation site in Illinois.
The company launched Help on the Homefront through its InHouse brand and is a philanthropic intiative to raise awareness about the housing challenges faced by veterans across the country. Help on the Homefront will provide 5,000 USD to a veteran in several of its retail markets, including Maryland, Massachusetts, Delaware and Illinois.
Betty’s Eddies continued their initiative with Keep A Breast Foundation for the 2nd year in a row, launching a limited-time redesigned pink package for its fan-favorite Ache Away Eddies fruit chews and by launching a campaign to foster KAB’s mission of reducing breast cancer risk through education, with a focus on early detection. The campaign will also include a limited number of Betty’s Loves Boobies bracelets and t-shirts distributed for free at select stores while supplies last as well as a monetary donation to KAB from MariMed.
The company started cannabis wholesale operations in Missouri with Betty’s Eddies fruit chews, Bubby’s Baked fresh baked confections, Vibations hydrating drink mixes, and InHouse flower, vapes and gummies.
2025
The company acquired First State Compassion Center which included cultivation and processing facilities as well as 2 stores in Delaware.
The company expanded its Nature’s Heritage brand into Illinois.
The company expanded its Nature’s Heritage brand into also selling functional mushrooms by launching MycroDose by Nature’s Heritage which is a vegan line which combines full-spectrum cannabis in pill form also containing other herbs and nutrients such as Ashwaganda, Chamomile, Magnesium, Ginger Root, Turmeric and others.
The company announced a licensing agreement with Farm 2 Hand for the introduction of MariMed’s portfolio of edible products throughout New York state which Farm 2 Hand will manufacture and distribute. The products will be produced in a kitchen designed and equipped by MariMed at Farm 2 Hand’s Bronx facility.
After reviewing its Missouri business operations, the company decided to exit the market. It will no longer participate in the managed services and licensing agreement under which it had been overseeing another licensed operator’s facility and distributing certain of its brands in the state, and it is no longer seeking a transfer of the license.
The company launched a multi-state veteran support initiative featuring “Thrive: Anna” which is a song by US Army veteran Ryan Taylor, who credits medical cannabis from MariMed’s Thrive Dispensary for his recovery from combat-related trauma and prescription dependency. To honor Taylor’s journey and raise awareness for veteran mental health, MariMed played the song across its 13 Thrive locations in 5 states, accompanied by recorded introductions from a veteran employee as well as a corporate donation to FreedomSingsUSA, a nonprofit that helps veterans process their experiences through music.
BRANDS:
iRollie provides companies with custom cannabis packaging with products offered such as certified child resistant packaging such as exit bags, also tins, lids, pre-roll packaging, vape container and vape cartridge packaging, display jars and mylar packaging.
Kalm Fusion helps you transform into a Kalm state of mind with their low-dose chewable tablets that are discreet and precision-dosed products that deliver predictable and balanced elevation. They are are vegan & gluten-free, have no artificial colors or flavors and are infused with premium quality cannabis and natural ingredients.
The tablets come with THC and/or CBD.
Kalm Fusion’s marijuana-derived products include Mari Melts sublingual strips, low dose Kalm Chewable Tablets, Kalm-Corn popcorn and its Powdered Tincture drink mix.
The products are designed to grab-and-go and discretely fit into daily life.
Bubby’s Baked are made from full spectrum high quality cannabis with no artifical ingredients or preservatives. This company is in the Guinness book of world records for having launched their new brand in Massachusetts called Bubby’s Baked on National Brownie Day, the 8th of December, in 2021, they made the world’s biggest pot brownie coming in at 850 lbs and containing 20,000 milligrams of THC measuring 3 x 3 feet wide and long and 15 inches high. For the Christmas season in 2022 Bubby’s Baked released a Hot Cocoa Powder with THC. Bubby’s also comes in a muffin, chocolate chip and snickerdoodle-format.
Betty’s Eddies are fast-acting fruit chews made with 100% all-natural ingredients such as organic fruits & veggies, gluten-free and consists of full spectrum cannabis, supporting cannabinoids and herbal supplements & vitamins. Cannabinoids in the edibles are the following: THCV, CBDV, CBN, CBD, THC, CBG, CBC. The chews are developed for different functions: Ache Away Eddies is for pain relief, Elderbetty is for immunity, Go Betty Go is for energy, Betty Good Times is for anytime, Bedtime Betty’s is for sleep, Take it Easy Eddies is for stress relief, Smashin’ Passion is for pleasure.
InHouse offers versatile, high-quality cannabis products at a good price in the form of flower, packs with papers & ground flower, vapes and gummies provided in unique cannabinoid ratios.
Nature’s Heritage consists of unique strains of cannabis. Small Batch Exclusives was launched in 2023 allowing customers the purchase of legendary flower strains. Nature’s Heritage’s hare Timothy, is the mascot of the brand following you along on your journey back to nature on every package.
The formats sold are cured flower, pre-rolls and infused pre-rolls, concentrates in the form of kief, bubble hash, live rosin and live resin, diamonds and sauce as well as batter, distillate vape carts as well as vape battery and charger and RSO in the form of capsules and syringes.
Vibations HIGH + ENERGY mixes caffeine from guarana with full spectrum cannabis extracts, electrolytes and vitamins in an easy-to-dissolve mix.
RETAIL BRANDS:
Thrive is a store brand active in Illinois with 2 medical+recreational and 2 recreational stores. The brand’s rewards program is automatically applied to all medical patients whereas recreational customers must apply. 5% of the total transaction will be added as points which equal a dollar each. Members gain exclusive access to deals.
Panacea Wellness is a recreational and medical brand active in Massachusetts with three combined medical and recreational stores as well as Maryland. The brand focuses on modern wellness and quality cannabis products in the categories of accessories and apparel, concentrates, edibles, flower, pre-rolls, tinctures, topicals and vaporizers. The brand offers deals on the daily. The company also offers delivery in Massachussetts through Little Dog Delivery. Panacea Perks Members earn points with their purchases and get weekly offers.
First State Compassion is a retail operation with two medical stores and two state-of-the-art cultivation facilities. The brand offers a loyalty program earning patients 5% back on their purchases and discounts for VIP loyalty members.